24. Employment of funds with the aim of achieving additional income is known as
(A) Investment
(B) Speculation
(C) Gambling
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I think (A) investment is the answer
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Employment of funds with the aim of achieving additional income is known as Investment.
The answer is (A) Investment.
- Investment is the acquisition of an asset to generate profits.
- It is a good way to create wealth instead of letting your money sit in your bank.
- Investment can fulfil your life goals, retirement plans, and even helps beat inflation.
- You can invest in various avenues such as stocks, mutual funds, fixed deposits, securities, etc.
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